Two long-serving directors of the Board of Directors of Business Development Corporation (BDC) are retiring after 35 years of combined service to the commercial lending company.
The retiring directors are:
"These banking veterans have provided 35 years combined of expert counsel and guidance to entrepreneurs and enterprises of all sizes seeking the best options for financing their operations and their futures," said Edwin O. Lesley, President and CEO of BDC. "We appreciate all they have done for BDC and I look forward to continuing to draw on their expertise professionally and enjoying the friendships we've developed over the years."
BDC is a non-bank commercial lending company specializing in the U.S. Small Business Administration's 7(a) loan guaranty program and the State Small Business Credit Initiative (SSBCI). Created by the South Carolina Legislature in 1958 to help foster economic development and job creation, the BDC's board includes many of the state's leading community and commercial bankers.